According to a report released by the United States Bureau of Economic Analysis, personal income growth for the state of Hawaii slowed to 0.5 percent during the third quarter of 2012. This was a significant decrease from the 1.8 percent growth reported during the second quarter of that year. Still, the state of Hawaii’s Department of Business, Economic Development and Tourism predicts that personal income for Hawaii residents will grow by a total of 4.3 percent in 2012 as a whole. However, this will equate to approximately 1.8 percent growth once inflation is factored in.
Source: Honolulu Star Advertiser, 1-2-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
